PSP Projects IPO – Details & Review, Opening Date, Issue Price
PSP Projects, a construction company is coming up with its IPO on 17-May-2017
Issue Details of PSP Projects IPO:
IPO Open : 17 May - 19 May 2017
Issue Price band: Rs 205 - 210 per share
Issue Size: Rs 206 crores ( XX Shares)
Market lot : 70 shares (application per share Rs 210)
Minimum Investment: Rs 14700 (Upper band)
Book Running Lead Managers : Karvy
Registrar – Karvy
Listing: BSE/NSE
IPO Issue Allocation
Qualified institutional buyers (QIBs) – 50% of the total issue size.
Non-institutional investors (NIIs) – 15% of the issue size.
The retail quota limit in the issue = 35% of the issue size.
Background
It is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional,...